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Effective CECL model validation: A framework

Abrigo

Applying model risk management to CECL What's involved in CECL model validation? Learn what banks, credit unions, and others subject to CECL accounting can expect from this risk management process. You might also like this webinar, "Conquering CECL model validation: Prepare for success."

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Countdown to CECL: A Timeline for Credit Unions

Abrigo

Preparing for 2023 Credit unions have a 2023 deadline for CECL implementation, leaving limited time to refine their processes. Get CECL compliant. Learn how with the CECL Streamlined webinar series. Takeaway 1 "Analysis paralysis" and the pandemic put CECL implementation on the backburner for many credit unions.

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CRE loan distress: Spot the symptoms, diagnose, and treat problem loans

Abrigo

Beyond a hard money default due to a payment or maturity event, early warning signs for CRE loans typically manifest as a : Failure to pay real estate taxes. Finally, any failure to deliver required financial information in a timely manner (including rent rolls/operating statements) or any covenant defaults (e.g.,

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CECL Q&A - PD/LGD & Discounted Cash Flow

Abrigo

The FASBs Current Expected Credit Loss (CECL) model presents unique challenges for banking professionals. To help institutions prepare, Sageworks launched a CECL webinar series covering data, segmentation, methodology and forecasting requirements broken down by loan type. Can we use our current PD model?

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Loan covenants refresher: What, when, why & how

Abrigo

Review the 2023 Loan Review Survey results with experts and get their take on emerging trends and best practices WATCH WEBINAR Takeaway 1 Loan covenants are critical to banks and credit unions to manage credit risk, especially when borrowers face stress. Those simply refer to the tone of the covenant, whichever type it is.

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A thoughtful approach to generative AI

Abrigo

You might also like this webinar, "Banking as a service: Objectives, opportunities, and obstacles." In the 10 years that followed the Great Recession, mortgages initiated through fintech channels on average grew 30% year over year, reducing the time to originate by 10 days without increasing the default rate.

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The top lending & credit risk blogs of the year

Abrigo

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. You can unsubscribe at any time, and you’ll hear about webinars, new blog posts, checklists, guides, and other information right away.